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CALIFORNIA COMMUNITY CREDIT UNION

Dec, 31, 2021 — CALIFORNIA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in SACRAMENTO, CA with 4 branch locations and about $79.59 million in total assets. Opened 83 years ago in 1939, CALIFORNIA COMMUNITY CREDIT UNION has about 4,473 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CALIFORNIA COMMUNITY CREDIT UNION
Address:
(Main Office)
8815 Folsom Blvd
SACRAMENTO, CA 95826
Phone:(916) 386-1418
Fax:(916) 386-0634
Website:https://www.caccu.org
Branches:4 branch locations
Members:4,473
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68321
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1939
Last Audited:Oct 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$79,592,695
CEO/Manager:Marcy Cole-King
Chairperson:Norval Chan

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 41,764,019
TOTAL INVESTMENTS 14,430,109
Loans Held for Sale 0
 
 Real Estate Loans 8,134,786
 Unsecured Loans 1,876,702
 Other Loans 12,031,549
 TOTAL LOANS 22,043,037
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -478,266
 Land And Building 635,102
 Other Fixed Assets 220,546
 NCUSIF Deposit 692,453
 All Other Assets 285,695
  TOTAL ASSETS 79,592,695
LIABILITIES & CAPITAL:  
 Dividends Payable 1
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 582,192
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,367,683
 Regular shares 38,373,609
 All Other Shares & Deposits 15,821,563
  TOTAL SHARES & DEPOSITS 70,562,855
  TOTAL LIABILITIES 71,145,048
 Regular Reserve 97,162
 Other Reserves 0
 Undivided Earnings 8,350,485
  TOTAL EQUITY 8,447,647
  TOTAL LIABILITIES, SHARES, & EQUITY 79,592,695
INCOME & EXPENSE  
 Loan Income 1,019,933
 Investment Income 162,283
 Other Income 279,023
 Total Employee Compensation & Benefits 961,523
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 863,918
 Non-operating Income & (Expense) 259,548
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 35,744
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -50,391
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